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This is just insane
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Scott Lincicome
@scottlincicome
"How did 50K dockworkers strike at US ports with only 25K jobs?" nypost.com/2024/10/04/bus
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David Watson 🥑
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I am ok with paying people off to have early retirement. Something like this will definitely happen if the ports are automated
Elsewhere on here I quipped that I did not want to become the "Lina Khan of the right" but some concentration of economic power against the public interest are hard to un-see.
That’s what basic income looks like. It’d be interesting to have a researcher look at this natural experiment to see how they and their kids are doing.
This is what a real monopoly looks like. Meanwhile the FTC is busy blocking a failing airline from merging.
When they said we were captured by special interest groups, we didn’t fully understand how deep the rot went
Meanwhile, Amazon delivery drivers are pissing in water bottles to get PRIME DEAL DAYS™️ shit delivered on time while technically being employed by DELIVERY SERVICE PARTNERS™️ and not Amazon directly so that workers stay separated. This was never what unions were meant for 😫
Yet another Chris Morris sketch brought to life. “It’s the biggest layoff in American industrial history. 35 thousand jobs in one fell swoop - gone!” “35 thousand?” “Yes!” “Peter there’s only 25 thousand people at the plant.” “That’s right Chris, mass redundancy on an
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This is pretty much a "fix it in tax policy" play, except the tax is a direct payment from the employer that saves costs to the employees who lose their jobs. The benefits to automation are literally being split between employer and employee.
As someone who is uninformed on this particular issue, your comment adds absolutely no value, just makes me more confused.
It is crazy, but a lot of people on here (myself included) kind of argued for something similar as a concession to increased automation. Though 50% of workers is certainly high for current levels of automation. In 20 years...
I know most Rome analogies stink but if we’re doing them then these unions are the Praetorian guard. They can only be appeased by giving even bigger gifts.
Daron Acemoglu wrote in his latest book on AI "Power and Progress" that we need MORE regulation and more powerful unions to create shared prosperity. How do you see this? What do you think of the book?
The longshoreman are traditionally one of the two most corrupt unions in the United States. It is long past time for the container fees to be phased out. Everyone who was a longshoreman when containerization was brought in will have retired by now.
i can't tell if it is insane, or a smart way to share the benefits of automation with the working class? but then, wouldn't they want more automation so they can collect the "share" ? hmmm
but it also shows that INSIDE a given industry there should be a decrease in jobs as a result of innovations/automatization/digitalization.
Yes. For all the things we esteem unions for — creating the middle class and fighting for humane working conditions — there are also maddening, stupid problems like this.
why? seems to work.. strongest economy ever it allowed the ports to automate more. this will be compeltely normal in the future with ai, people still get paid and jobs get replaced by ai.
Here in NJ - commonly known that mafia ties are still strong at the port. Not so much violence, but definitely kickbacks and no show jobs for people who are connected
What’s wrong with this? Are we attacking people who earned their rights now?
Yeah I'm pretty pro union but these guys need to be obliterated. Literal Sopranos tier no-show jobs
Grifts like these are all around the USA, predominantely at Democrat controlled areas. Democrats love their grifts
No, this is great. Essentially workers get a package because innovation is going to eliminate their jobs. The package is paid for by the innovation as add’l profits are split between workers and employers in collective bargaining. It’s win win win.